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  2. Charity Donation Tax Deductions: What You Can and Can’t Claim

    www.aol.com/finance/charity-donation-tax...

    Individuals must file IRS Form 8283 to report noncash charitable contributions if deductions for all noncash gifts are greater than $500. Things such as art, intellectual property and securities ...

  3. Here’s How To Claim That Car Donation as a Tax Deduction - AOL

    www.aol.com/finance/claim-car-donation-tax...

    This charitable giving can help cut back on your taxes.

  4. Car donation - Wikipedia

    en.wikipedia.org/wiki/Car_donation

    Car donation is the practice of giving away unwanted used automobiles or other vehicles to charitable organizations. In the United States , these donations can provide a tax benefit to the donor. In the United States

  5. Itemized deduction - Wikipedia

    en.wikipedia.org/wiki/Itemized_deduction

    This facilitated amendments to 2011 tax returns to claim a casualty tax deduction. [4] Gambling losses, but only to the extent of gambling income (For example, a person who wins $1,000 in various gambling activities during the tax year and loses $800 in other gambling activities can deduct the $800 in losses, resulting in net gambling income of ...

  6. Donor-advised fund - Wikipedia

    en.wikipedia.org/wiki/Donor-advised_fund

    In the United States, a donor-advised fund (commonly called a DAF) is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits ...

  7. How to Maximize Your Philanthropy With Tax Benefits - AOL

    www.aol.com/maximize-philanthropy-tax-benefits...

    This is a process by which your donations count toward your retirement portfolio’s required minimum distribution, allowing a tax-free RMD. And this can save wealthier households significantly on ...

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